Civic Intelligence

Upper Cumberland Electric Membership Corporation Ucemc Cares

990 • Fiscal year 2021 • EIN 46-3761245

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 15, 2021

PO Box 159Carthage, TN 37030-0159

(615) 735-2940

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.24x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.07x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

35th percentile

-0.1%

Higher net margin than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

4.7%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$59,994

Down $44,981 (-43%) from 2020

Net Assets

Down

$45,530

Down $147 (-0.3%) from 2020

Liabilities

Down

$14,464

Down $44,834 (-76%) from 2020

Revenue

Up

$196,971

Up $8,822 (+4.7%) from 2020

Expenses

Up

$197,118

Up $26,366 (+15%) from 2020

Net Income

Down

-$147

Down $17,544 (-101%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2014: $32,060Liabilities 2014: $02014Assets 2015: $29,669Liabilities 2015: $0Net Assets 2015: $29,6692015Assets 2016: $52,777Liabilities 2016: $20,417Net Assets 2016: $32,3602016Assets 2017: $50,445Liabilities 2017: $16,415Net Assets 2017: $34,0302017Assets 2018: $53,060Liabilities 2018: $16,290Net Assets 2018: $36,7702018Assets 2019: $43,357Liabilities 2019: $15,077Net Assets 2019: $28,2802019Assets 2020: $104,975Liabilities 2020: $59,298Net Assets 2020: $45,6772020Assets 2021: $59,994Liabilities 2021: $14,464Net Assets 2021: $45,5302021Assets 2022: $61,418Liabilities 2022: $13,964Net Assets 2022: $47,4542022Assets 2023: $52,470Liabilities 2023: $14,025Net Assets 2023: $38,4452023Assets 2024: $53,301Liabilities 2024: $13,829Net Assets 2024: $39,4722024Assets 2025: $44,919Liabilities 2025: $14,105Net Assets 2025: $30,8142025

Highlighted filing

2021

Assets$59,994
Liabilities$14,464
Net Assets$45,530

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $165,009Expenses 2014: $132,949Net Income 2014: $32,0602014Revenue 2015: $232,122Expenses 2015: $234,513Net Income 2015: -$2,3912015Revenue 2016: $225,181Expenses 2016: $222,490Net Income 2016: $2,6912016Revenue 2017: $212,791Expenses 2017: $211,121Net Income 2017: $1,6702017Revenue 2018: $200,470Expenses 2018: $197,730Net Income 2018: $2,7402018Revenue 2019: $186,246Expenses 2019: $194,736Net Income 2019: -$8,4902019Revenue 2020: $188,149Expenses 2020: $170,752Net Income 2020: $17,3972020Revenue 2021: $196,971Expenses 2021: $197,118Net Income 2021: -$1472021Revenue 2022: $179,676Expenses 2022: $177,752Net Income 2022: $1,9242022Revenue 2023: $162,606Expenses 2023: $171,615Net Income 2023: -$9,0092023Revenue 2024: $170,452Expenses 2024: $169,425Net Income 2024: $1,0272024Revenue 2025: $166,290Expenses 2025: $174,948Net Income 2025: -$8,6582025

Highlighted filing

2021

Revenue$196,971
Expenses$197,118
Net Income-$147
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 15, 2021
Return Version
2020v4.0
Gross Receipts
$196,971
Mission and Program Overview

Mission

To collect funds for charitable purposes from upper cumberland electric memberhsip corporation customers for disbursement to charitable organizations within the service area of upper cumberland electric membership corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,280$45,702▼ $44,578
Accounts Receivable$14,695$14,292▼ $403
Total Assets$104,975$59,994▼ $44,981
Liabilities
Accounts Payable and Accrued Expenses$59,298$14,464▼ $44,834
Total Liabilities$59,298$14,464▼ $44,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$45,677$45,530▼ $147
Total Net Assets Fund Balance$45,677$45,530▼ $147
Total Liabilities and Net Assets / Fund Balance$104,975$59,994▼ $44,981
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike AustinChairman
Ken FryeVice Chairma
Terry MontgomeryVice Chairma
Greta HurstBoard Member
Minnie ClemonsBoard Member
Carol WoodardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$196,971
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$196,971
Change in Net Assets
$-147

Audited Revenue Reconciliation

Revenue per Audited Statements
$196,971
Total Revenue per Audited Statements
$196,971
Total Revenue per Form 990
$196,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$190,415
Other Expenses$6,703
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$190,415--$190,415
Fees for Services Accounting-$4,100-$4,100
Travel-$1,484-$1,484
Insurance-$933-$933
Office Expenses-$186-$186
Total Functional Expenses$190,415$6,703$0$197,118

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$197,118
Total Expenses per Audited Statements$197,118
Total Expenses per Form 990$197,118
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mended Hearts Chapter 127Cookeville, TN501c3General Purposes$140,465
Fairgrounds Volunteer Fire DeptLivingston, TN501c3General Purposes$10,000
Jackson Co Quarterback ClubGainsboro, TN501c3General Purposes$10,000
----$6,824
Granville Museum IncGranville, TN501c3General Purposes$6,598
Livingston Academy Booster ClubLivinston, TN501c3General Purposes$5,750
Jackson County Chamber of CommerceGainsboro, TN501c3General Purposes$5,578
Overton County Jr Wildcat FootballLivingston, TN501c3General Purposes$5,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

There is only one member, upper cumberland electric membership corporation. The memberhas the right to elect the members of the board of directors (the governing body of ucemc cares).

Form 990, Page 6, Part VI, Line 7A

There is only one member, upper cumberland electric membership corporation. The member elects all board members of ucemc cares. The maximum number of board members in nine and the minimum number is three.

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews and approves the form 990 before it is submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

The policy covers all directors, officers or committee members with governing board delegated powers and requires the completion of an annual statement notifying interested persons of their responsibilities under the policy. The board of directors is responsible for determining whether a conflict exists. The determination is to be made without the interested person present.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available upon request by the public.

Filing and Contact Details

Filer

Filer Name
Upper Cumberland Electric
EIN
46-3761245
Address
PO BOX 159, CARTHAGE, TN 37030-0159

Signing Officer

Name
Mike Austin
Title
Chairman
Signed
2021-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Austin
Formed
2013
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Edmondson Betzler & Dame Pllc
Address
110 WINNERS CIRCLE N STE 102, BRENTWOOD, TN 37027-5272
Preparer
Stephen Byrd
Phone
6159163100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To collect funds for charitable purposes from upper cumberland electric memberhsip corporation customers for disbursement to charitable organizations within the service area of upper cumberland electric membership corporation.

Raw XML Appendix389 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd038501
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd138570
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd238570
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd338570
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd438564
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd538562
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd638562
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt08686
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO COLLECT FUNDS FOR CHARITABLE PURPOSES FROM UPPER CUMBERLAND ELECTRIC MEMBERHSIP CORPORATION CUSTOMERS FOR DISBURSEMENT TO CHARITABLE ORGANIZATIONS WITHIN THE SERVICE AREA OF UPPER CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS ONLY ONE MEMBER, UPPER CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION. THE MEMBERHAS THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS (THE GOVERNING BODY OF UCEMC CARES).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS ONLY ONE MEMBER, UPPER CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION. THE MEMBER ELECTS ALL BOARD MEMBERS OF UCEMC CARES. THE MAXIMUM NUMBER OF BOARD MEMBERS IN NINE AND THE MINIMUM NUMBER IS THREE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE POLICY COVERS ALL DIRECTORS, OFFICERS OR COMMITTEE MEMBERS WITH GOVERNING BOARD DELEGATED POWERS AND REQUIRES THE COMPLETION OF AN ANNUAL STATEMENT NOTIFYING INTERESTED PERSONS OF THEIR RESPONSIBILITIES UNDER THE POLICY. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING WHETHER A CONFLICT EXISTS. THE DETERMINATION IS TO BE MADE WITHOUT THE INTERESTED PERSON PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST BY THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UPPER CUMBERLAND ELECTRIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620393118
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UTILITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 159
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CARTHAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037030
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0193861
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0VALUE OF CASH TRANSFERRED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UPPER CUMBERLAND ELECTRIC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0104975
IRS990/TotalAssetsEOYAmt059994
IRS990/TotalAssetsGrp/BOYAmt0104975
IRS990/TotalAssetsGrp/EOYAmt059994
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0196971
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06703
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0190415
IRS990/TotalFunctionalExpensesGrp/TotalAmt0197118
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt059298
IRS990/TotalLiabilitiesEOYAmt014464
IRS990/TotalLiabilitiesGrp/BOYAmt059298
IRS990/TotalLiabilitiesGrp/EOYAmt014464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt045677
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt045530
IRS990/TotalProgramServiceExpensesAmt0190415
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0196971
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0104975
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt059994
IRS990/TravelGrp/ManagementAndGeneralAmt01484
IRS990/TravelGrp/TotalAmt01484
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0UCEMC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE AUSTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPPER CUMBERLAND ELECTRIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MEMBERSHIP CORPORATION CARES INC
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0463761245
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 159
ReturnHeader/Filer/USAddress/CityNm0CARTHAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0370300159
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262451997
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDMONDSON BETZLER & DAME PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 WINNERS CIRCLE N STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370275272
ReturnHeader/PreparerPersonGrp/PhoneNum06159163100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN BYRD
ReturnHeader/ReturnTs02021-09-15T07:24:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AUSTIN
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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